The United States agrees to remove Xiaomi from
The United States will remove Xiaomi from one of its blacklists , that of companies with links to the Chinese army, where Donald Trump included it in his last week in office before giving way to Joe Biden, as revealed by several media outlets. of a communication from the US court in which the lawsuit filed by the Chinese manufacturer against the US Departments of Defense and Treasury is settled . This Tuesday, the court that is settling Xiaomi's case against the US authorities, in which the Chinese company argues that this veto would cause irreparable damage to both its reputation and its economy, revealed an agreement in which the Department of Defense of the United States admits that it would be "appropriate" to implement an order to annul the inclusion of the company within this list of companies linked to the Chinese military , according to the American CNBC .The parties have agreed to a path forward that would resolve this litigation without the need for a report," says the court, according to Bloomberg , which does not specify the conditions of the agreement, but notes that the parties have 8 days to reach an agreement and present a joint proposal before May 20. Xiaomi considers that the US veto is illegal, files a Armenia Phone Number List lawsuit to get off the blacklist and remembers that North American companies can continue doing business with them At the moment, neither the Pentagon nor the Chinese Ministry of Foreign Affairs have confirmed the agreement, which has sparked a positive response from the markets, which have raised the company's valuationAn unexpected change of course Xiaomi had been included in this blacklist since January, one of Trump's last decisions before leaving the presidency.
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This list, which is not the same one in which Huawei is included , means that American investors cannot buy shares of the Chinese company . That is, it does not prevent North American companies from doing business with them or buying their devices. This decision represents a change of course on the part of Joe Biden, since in February his administration's Secretary of Commerce, Gina Raimondo, was against removing Chinese companies from blacklists. "I understand that those who are included on these lists are included because they pose a risk to the national security of the United States or foreign policy interests. Currently, I have no reason to believe that the companies on these lists should not be there ," he said. the executive of the current Democratic government, as reported by Bloomberg in February.
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